Experienced Chapter 7 Bankruptcy Lawyer
Chapter 7 bankruptcy can be a good debt relief option if you have unsecured debt such as credit cards, personal loans, income tax debt older than 3 years, deficiency claims from repossessed vehicles, or medical bills. If you have little or no disposable income, Chapter 7 will eliminate your debt and give you a fresh start with no payments to creditors. You can receive a discharge in as little as 6 months.
An experienced bankruptcy attorney can help you understand the process and give you all the information you need to be sure that you are choosing the best debt relief option for your particular situation. At the Collegeville, Pennsylvania, law firm of Nahrgang & Associates, P.C., we work with clients throughout the Delaware Valley area to get a fresh start through Chapter 7 bankruptcy.
Finding the Solution that Works Best for You
Many people stay away from Chapter 7 bankruptcy because they fear the possibility of losing some of their personal property to repay their debt. We are committed to helping you find an appropriate debt liquidation and relief solution that allows you to keep the maximum amount of assets possible. If it becomes apparent that some of your property could be at risk by choosing the Chapter 7 option, we will work with you to find a solution that better fits your needs.
In many Chapter 7 cases, the loss of property never even becomes an issue. When trustees look at non-exempt property, they are looking for items that can be sold to repay your debts. A majority of Chapter 7 cases are declared "no-asset" by the trustee. In a no-asset case, it is determined that none of your property would bring in enough money to justify its liquidation and your property is not at risk.
Call for a Free Initial Consultation
Contact our office today to discuss your bankruptcy questions with a lawyer. You can reach us by phone at 888-773-6714 or via e-mail. We respond promptly to all phone calls and emails, usually within 24 hours.
*We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
